Showing 1 - 10 of 13
Bangkok townhouse sales plunge
Kanana Katharangsiporn, Published on 22/06/2024
» New sales of Greater Bangkok townhouses plummeted in the first quarter of 2024 to a 12-year low, nearing levels following the severe floods of 2011, largely attributed to weak demand in the middle to lower-end segments.
CPN proud to be in regional Fortune 500
Business, Published on 20/06/2024
» Central Pattana Plc (CPN) is included in the 2024 Fortune Southeast Asia 500, which represents the 500 largest companies in Southeast Asia by revenue, organised for the first time in the region by Fortune magazine.
Sansiri targets strong condo markets
Kanana Katharangsiporn, Published on 17/06/2024
» SET-listed developer Sansiri plans to continue with its condo business strategies to cope with slow economic growth, focusing on strong demand and strategic locations in all pricing segments.
Trying to create a fairer property tax
Business, Wichit Chantanusornsiri, Published on 13/06/2024
» The Finance Ministry is reviewing the Land and Building Tax Act. Public hearings were conducted to gather opinions from the public and stakeholders.
Foreign interest key to condo projects
Business, Kanana Katharangsiporn, Published on 04/06/2024
» SET-listed Noble Development plans to focus on foreign buyers for new condo projects in Bangkok as domestic demand remains sluggish.
CPN optimistic on office rental outlook
Business, Kanana Katharangsiporn, Published on 30/05/2024
» SET-listed Central Pattana (CPN) is aiming for annual growth of more than 10% in the office rental business over a five-year period, following the completion of Central Park Offices at the Dusit Central Park mixed-use project next year.
Foreign buyers drive Q1 condo sales
Business, Kanana Katharangsiporn, Published on 28/05/2024
» The condo market still has to rely on foreign demand as total transfers in the first quarter were mainly driven by foreign buyers, whose proportion rose to the highest in history, according to the Real Estate Information Center (REIC).
Big developers banking on Nonthaburi
Business, Kanana Katharangsiporn, Published on 25/05/2024
» Eight large developers launched or plan to release 4,600 residential units with an expected combined sales value of 50 billion baht on 1,300 rai in Nonthaburi, marking the first time they will be developing next to each other, while hoping to avoid direct competition.
Anticipated rate cut expected to bolster residential market
Kanana Katharangsiporn, Published on 20/05/2024
» The expected dip in interest rates by 25 percentage points in the second half this year is expected to help the residential market, resulting in projected growth of 5.5%, in contrast with a decline of 0.7% without a rate cut.
Loan rejections cause drop in housing transfers in Q1
Business, Kanana Katharangsiporn, Published on 17/05/2024
» Home loan rejections caused a dip in housing transfers nationwide in the first quarter, dropping to the lowest point in six years and marking five consecutive quarters of decline.